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    3Com/Palm Stock Plan AnnouncedPosted By: Ed on Tuesday, May 09, 2000 8:28:09 AM
3Com has finally released the schedule for their plan to distribute Palm stock to people who own 3Com stock. 3Com shareholders of record on July 11 will receive about 1.5 shares of Palm stock for each share of 3Com held on July 27. 3Com shareholders will receive Palm stock valued at $48.38, based on Palm's closing price of $32.25 yesterday.
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Article Comments
1 total comment The following comments are owned by whoever posted them. PIC is not responsible for them in any way. login or register for free in order to post comments.  3Com Stock is Up on this NewsEd @ 5/10/2000 8:38:32 AM #
3Com stock was up about 10% yesterday on this news. Palm stock dropped a bit, probably as people sold their Palm stock to buy 3Com.
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